Cover Story
How AI is about to change healthcare
The healthcare revenue cycle stands to benefit greatly from advancements in artificial intelligence.
Expert Reviewed
Can MRF data be used for comparative benchmarking?
Findings of a recent study underscore why hospital finance leaders should be alert to the limited usefulness for benchmarking of the machine-readable files (MRFs) required under the final rule addressing hospital price transparency.
4 common misconceptions about observation that have revenue implications
Hospital finance leaders have a critical role to play in making sure clinical and financial staff in their organizations are well-versed in the regulatory and revenue implications of outpatient observation services delivered in a hospital setting.
Columns
Dennis Dahlen: It’s time to stop dragging our feet on generative AI
HFMA National Chair Dennis Dahlen shares ways healthcare finance professionals can spot low-risk use cases for leveraging generative AI, drive quick wins and shape long-term strategy.
Susan Dentzer: Is consolidation in healthcare the work of modern-day robber barons — or the result of overdue reengineering?
Consolidation in the U.S. healthcare industry has been called into question but the realities surrounding it deserve a closer look.
Jill Geisler: 6 things good leaders don’t do when delivering bad news
Leadership expert and HFMA columnist Jill Geisler shares six things healthcare finance leaders should avoid when delivering bad news to their teams.
David Johnson: The perils and possibilities of healthcare apps
HFMA columnist David Johnson says healthcare organizations that meet the challenge of engaging with consumers through effective apps can prosper.
Voice of Experience: HCA CFO, William Rutherford, says healthcare finance leaders should have a patient focus
William Rutherford says to consistently perform at the highest levels, health system CFOs must have a strong commitment to clear and specific guiding principles.
Ken Perez: How homelessness and healthcare are inextricably linked
A new not-for-profit initiative, Built for Zero, offers a way for healthcare providers to play a role in solving the problem of homelessness.
Departments
Inside HFMA: HFMA Enterprise memberships drive engagement, retention, independent study finds
Read the white paper An independent assessment of association organizational membership for healthcare organizations, which examines the benefits of organizational association memberships.
Inside HFMA: Improved cost effectiveness is a common theme among hfm’s 2022-2023 Best Article Award winners
HFMA recognizes three articles published in hfm as the fiscal year 2022-23 winners of the Helen Yerger/L. Vann Seawell Best Article Award.
Chapter News: Maryland Chapter event focuses on inclusion and equity
A 2023 healthcare conference presented by HFMA’s Maryland Chapter focused on how the healthcare industry can ensure health equity.
People: Phoenix Children’s selects Michelle Bruhn as new CFO
HFMA members Michelle Bruhn, Elmer Polite and Staci Dickerson have new healthcare finance leadership roles. Former Board of Examiners member Michael E. Morris remembered.
News Briefs: Reports quantify how cost increases will affect the healthcare industry in 2024
As published in the October 2023 issue of hfm, this roundup presents the top news stories for healthcare finance professionals.
Supplements
AMN Healthcare: Providing physician workforce solutions to increase staffing efficiencies and improve the patient experience
Recent actions by AMN Healthcare are aimed at creating a more cohesive physician experience for its clients and candidates. The company’s all-in-one strategic approach to permanent and temporary physician staffing is designed to increase efficiency, reduce complexity and ultimately improve the patient experience.
CommerceHealthcare: New approaches to nonclinical workforce management
In this roundtable conducted by HFMA and sponsored by CommerceHealthcare®, five healthcare leaders in revenue cycle management and patient access share their approach to workforce management in a remote and/or hybrid model and lessons learned from their experience.
Plante Moran: Risky business — What every CFO should know before taking on risk
This HFMA Affinity Group piece shares perspectives of Tammy Schaeffer, JD, BSN, RN, principal, healthcare consulting, Plante Moran, on how hospitals and health systems can develop the right value-based payment strategy for their organizations.
PFC USA’s partnership approach ensures healthcare clients tackle regulatory and patient satisfaction issues
Facing rising healthcare costs, workforce shortages and a volatile regulatory environment, healthcare providers require innovative strategies to address these concerns. In this Peer Review Spotlight, PFC USA describes how it helps its healthcare clients handle such challenges by adopting a partnership approach with them.
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